TWTR is attempting to rebound off its recent lowsTwitter Inc (NYSE:TWTR) gapped sharply lower in late October, in reaction to the social media firm's dismal third-quarter earnings report. The shares eventually found a floor near their year-to-date breakeven level at $28.74, and have since bounced more than 4% -- including today's 2.6% gain that has TWTR stock trading at $29.93.Today's pop has spar...Read More

The bill to legalize marijuana on the federal level in the U.S. was approved in a 24-10 vote by theHouse Judiciary Committee While the Dow is sinking midday amid a weakening retail sector, news that the U.S. House Judiciary Committee has approved a bill to legalize marijuana on the federal level has the pot sector flying high. The bill, called the Marijuana Opportunity Reinvestment and Expungement...Read More

Recently, we posted a multi-part researchpost suggesting a collapse in Crude Oil could be setting up and how we believethis decline in energy prices may lead to a broader market collapse in the nearfuture.  Crude oil fell more than 3% onNovember 19 in what appears to be a major price reversal.  On November 20, inventory levels and otherkey economic data will be presented – could th...Read More

Macy's and BJs Wholesale stocks are lower after earningsThe U.S. stock market is lower at midday, as traders digest a new round of retail earnings, with Macy's (M) and BJs Wholesale Club (BJ) the latest to turn in disappointing results. Wall Street is also waiting on fresh U.S.-China trade updates -- with the latest reports indicating Beijing invited American negotiators to hold face-to-face tal...Read More

Calls are trading at a slightly quicker-than-usual clip on Freeport-McMoRan stockThe shares of mining concern Freeport-McMoRan Inc (NYSE:FCX) are inching lower this afternoon, on the heels of the company announcing it is setting lower treatment charges for 2020. FCX and three Chinese copper smelters are planning on a 23% cut in annual treatment and refining charges next year, which will push the i...Read More

Department of Justice prosecutors charged a sixth JPMorganexecutive for cheating in the precious metals markets. Jeffrey Ruffo stands accused of racketeering andspoofing metals prices from 2008 - 2016, along with other crimes includingconspiracy to commit wire fraud.The indictment outlines nearly a decade spent coordinating withother traders in JPMorgan’s precious metals department...Read More

By: Ira EpsteinGold has not yet established an uptrend, working off the oversold condition. Gold not trending one way or another yet..Read More

UBS slashed its price target to $48 and cut its rating to "sell" Applied Materials, Inc. (NASDAQ:AMAT) is falling even deeper off Monday's record high of $63.07, down 4.2% to trade at $57.16 after UBS cut the semiconductor stock to "sell" from "neutral," and slashed its target by one dollar to $48. The analyst foresees AMAT's wafer fab equipment run rate contracting in the first half of 2020, putt...Read More

BBBY has had a volatile run since early OctoberShares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) saw a healthy bull gap in early October, just after the company announced Mark Tritton as its new CEO. Since then, the equity has received a handful of bull notes, but quickly backpedaled after revealing an e-mail hacking incident later that month. And although BBBY still clings to a 13% year-to-date gai...Read More

A report from the Wall Street Journal said China may have invited the U.S. to continue trade negotiations in Beijing Stock futures are inching higher this morning, with the Dow signaling a roughly 19-point gain at the open after a new Wall Street Journal report suggested that Chinainvited U.S. officials to its capital to continue trade negotiations during a phone call last week. This follows yeste...Read More

Target stock has had an outstanding year on the chartsJust one day off a blowout earnings report that led to a new record high, Target Corporation (NYSE:TGT) is up 1.3% in electronic trading, continuing its climb higher and set to open at another all-time peak after receiving a fresh round of bull notes. Following last night's close, no fewer than 10 brokerage firms handed out a price-target hike...Read More

David HaggithConsider this a travelogue in pictures (graphs and charts really) that presents a rather striking and comprehensive image of a nation journeying into recession. Our decline is steeper now than it was even in my retelling of economic turns during the summer and early fall.While the stock market has continued to rise (and I never said it wouldn't rise this year until and unless rece...Read More

Gary Christenson, The Deviant Investor You know the monetary drill:Commercial bankers and central bankers create more digital dollars from nothing, inject them into the economy, dollars devalue and prices rise. They issue press releases claiming they are doing a great job.Commercial and global central bankers are counterfeiting (legally). This benefits the financial and political elite. Don't e...Read More

By: Ira EpsteinGold has not yet established an uptrend, working off the oversold condition. Gold not trending one way or another yet..Read More

Steelmaking in electric arc furnaces (EAF) is already a good example of a waste-free circular economy since more than half of global steel output is being recycled, even if higher-quality materials are still produced from virgin materials and fossil-fueled processes, the president of the European Steel Technology Platform (ESTEP) said at a workshop in Bergamo, northern Italy last week. Carl de Mar...Read More

Tata Steel has outlined proposals to build a stronger and more sustainable business in Europe, which include cutting up to 3,000 jobs, the company said on Monday November 18.The programme is needed to "ensure the business can thrive despite severe market headwinds which have led to a sharp decline in profitability", the company said.In the first six months of its current financial year, which comm...Read More

David Becker6 hours ago (Nov 21, 2019 6:54 PM GMT) Gold prices eased on Thursday as the dollar gained traction paving the way for lower gold prices. Gold prices have received no safe-haven bid as complacency has taken hold and traders have bid up stock prices. US yields rebounded, allow the dollar to gain traction as the yield differential moved in favor of the greenback. Trade negotiations c...Read More

Brazilian miner Vale has diversified its iron ore sales to yuan-denominated futures contract pricing, which is the first time for global miners to use such pricing.Vale's Shanghai branch has signed a deal with the trading arm of Shandong Laigang Yongfeng Steel for a Qingdao-port-delivered cargo of Brazilian Blend fines to be priced against the May 2020 iron ore futures contract on China's Dalian C...Read More

Christopher Lewis8 hours ago (Nov 21, 2019 4:41 PM GMT)Gold markets pulled back slightly during the trading session on Thursday, as we continue to see a lot of noise just above the crucial $1450 level. That’s an area that had previously shown signs of resistance, and now “market memory” could come into play, offering plenty of buying pressure. After all, the market has already...Read More

Domestic prices for hot-rolled coil in Europe have been stable day on day, but the mood in the market remained upbeat, sources told Fastmarkets on Thursday November 21.Northern Europe"Workable" prices and a few deals have been heard at ?,?420-425 ($465-470) per tonne ex-works, but market sources suggested that mills could give additional discounts of about ?,?5 per tonne to specific buyers for Dec...Read More